Mixed-Use Property with
16517 Lakewood, Bellflower, CA 90706
For Sale
$1,049,000
The offering combines a home and adjoining commercial space occupied by a pizza business.
Property Size1,654 SF
Price / SF$634.22
Days on Market53
Property Features for 16517 Lakewood
General Information
Standard status
Size
Property subtype
Tenancy & Operations
Currently Operating
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
First Team Real Estate
(562) 254-6883
Listed By:
Philip DeMatteo · License #01384378
Source:
Schneiderproperties
Added: Sep 17
Changed: Nov 7
Last Checked: Nov 7 at 5:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Team Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Bellflower property brings together a residence and an adjoining commercial space. The home includes a two-car garage, gated driveway, and laundry area. A pizza business currently occupies the commercial portion. The property was built in 1942.
Key Highlights
- Residential and adjoining commercial components are offered together
- Commercial space is occupied by a pizza business
- Residence includes a two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,208
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,160
$784.2K
Cap Rate 7%
$560,114
$560.1K
Cap Rate 9%
$435,644
$435.6K
Market Conditions
NOI Build-Up for 1,654 SF
Gross rent
$56.0K $33.84/SF
− Vacancy
−$3.7K −$2.23/SF
EGI
$52.3K $31.61/SF
− OpEx
−$13.1K −$7.90/SF
NOI
$39.2K $23.70/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,160
Cap Rate 7%
$560,114
Cap Rate 9%
$435,644
Alternative Uses
Best Use
Specialty Retail
$560.1K
$490.1K – $653.5K
NOI $39,208 @ 7.0% cap · market cap 3.74%
Second Best
Mixed Use
$478.5K
$418.7K – $558.2K
NOI $33,494 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$885.5K
$774.9K – $1.03M
NOI $61,988 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,184
Businesses Nearby
271k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Shops & Services 34%
Groceries 31%
Hotels & Casinos 1%
Stater Bros. Markets
Groceries
44,330 visits/mo
0.4 miles
Superior Grocers
Groceries
39,411 visits/mo
0.3 miles
McDonald's
Dining
32,729 visits/mo
0.2 miles
King Taco
Dining
28,536 visits/mo
0.3 miles
ARCO
Shops & Services
20,294 visits/mo
0.4 miles
Demographics for 90706, CA
79,179
Population
24,499
Households
3.2
Avg Household Size
36
Median Age
20%
College-Educated
78%
High-School Grad
6.1 sq mi
ZIP Area
12,980
Density / Sq Mi
$77,602
Median Household Income
$38,452
Median Earnings
$1,771
Median Rent
$661,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles County, CA
Properties on Market for Mixed-use properties in Los Angeles County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The offering combines a home and adjoining commercial space occupied by a pizza business.
Where is this mixed-use property located?
The property is located at 16517 Lakewood Bellflower, CA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Residential and adjoining commercial components are offered together; Commercial space is occupied by a pizza business; Residence includes a two‑car garage
